ICICI Bank CEO Chanda Kochhar and her husband Deepak Kochhar feature prominently in the controversy surrounding the Videocon loan given out by the bank. A top official with an India-based large institutional investor also said it is engaged in discussions with ICICI Bank officials on this issue. Since 23 March, ICICI Bank shares have risen 1.69%, lagging Bankex’s 6.01% gain. On Monday, ICICI Bank shares closed at Rs280.45, little changed from the previous day. To be sure, out of 54 equity analysts who track ICICI Bank, only one has a sell rating on the stock.

Source: Mint April 09, 2018 23:03 UTC